Digital Stronghold Acquires Boston Scally; NewSpring Mezzanine and Digital Fuel Capital Invest
February 8, 2022
Digital Stronghold, a San Francisco-based multi-brand DTC platform for men’s apparel and accessories, acquired Boston Scally, a provider of high-quality flat caps. The acquisition was supported by an investment from NewSpring Mezzanine (part of NewSpring) and Digital Fuel Capital, which provided subordinated debt and preferred equity to fund the add-on deal and help scale the platform.
- Buyers
- Digital Stronghold, NewSpring Mezzanine (NewSpring), Digital Fuel Capital
- Targets
- Boston Scally
- Platforms
- Digital Stronghold
- Industry
- E-Commerce
- Location
- Massachusetts, United States
- Transaction Type
- Addon
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